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Thomson Reuters plans to introduce next year a centralized tax center that firms can offer their clients. That was one of the plans outlined this week as the company's Tax and Accounting business held its Synergy user conference.
"We will be building what I call 'My TaxCenter,'" said Jon Baron, managing director of the unit that markets the company's tax software products. Baron said such a center would include information such as notification of electronic filing status for individual clients. However, he did not go into great detail noting that, "We want to build this properly so that you will be able to identify what you want out there."
The name has not been chosen - My TaxCenter is a working title - and Baron said later that the centers would not be available until after tax season. However they are designed to provide central places that firms can use to provide information to clients about taxes and also to receive information from them.
Firms will be able to choose the information clients can receive or provide via the center. For example, they might accept source documents from clients, Baron said.
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind